The US Customs and Border Protection has imposed a fine of USD 5,832.60 on IndiGo for the delayed payment of an immigration user fee. According to a regulatory filing on Thursday (July 25), the airline is seeking a waiver for this penalty.
The filing notes that the penalty was issued for the late payment of a non-interlinable tax.
“The authority has imposed penalty for payment of immigration user fee after due date (non interlinable tax). The company is exploring the possibility of waiver of penalty,” the airline said in the filing.
InterGlobe Aviation shares rise 1.22%
Following the news, InterGlobe Aviation, IndiGo’s parent company, saw its shares rise by 1.22% to Rs 4,430.50 on the BSE.
IndiGo was notified of the penalty on July 24 but stated that it does not foresee any material impact on its financials, operations, or other activities.